The Treasury Department released new guidance pertaining to how the government will review PPP loan borrowers’ good-faith certifications of loan necessity. Read more here
BA, Treasury Release PPP Loan Forgiveness Application:
The SBA and Treasury released the Paycheck Protection Program (PPP) Loan Forgiveness Application.
The application provides borrowers with instructions on how to apply for forgiveness of PPP loans as authorized by the CARES Act. SBA is expected to issue additional guidance on the loan forgiveness application early next week.
The application is here and a joint press release from SBA and Treasury is here.